Qm SELL : Aliceusdtp
ALICE / TetherUS PERPETUAL FUTURES BINANCE:ALICEUSDTPERP
In this trading plan, I have applied the QM Pattern because, as observed from the period through Aliceusdtp, the chart was moving in a bullish trend and during the passage there was a lot of selling pressure, causing LL.
Thus, it enters the Quasimodo Pattern on the Sell side.
By placing the entry point at Entry 1: 68.1 Fibonacci and the position of Profit 1: is the original low and Take Profit 2 is the new lower low.
Good luck everyone in trading.
And this is not investment advice. It’s just a market analysis.
